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Benefit Plans
12 Months Ended
Dec. 31, 2021
Compensation And Retirement Disclosure [Abstract]  
Benefit Plans

12. Benefit Plans

The Company’s 401(k) plan covers all of the U.S. employees beginning the first of the month following the first month of their employment.  Under this plan, employees may elect to contribute up to 15% of their current compensation to the 401(k) plan up to the statutorily prescribed annual limit.  The Company matches 100% of the employee’s elective deferrals up to 4% of their compensation.  The Company may make discretionary contributions to the 401(k) plan but there were no discretionary contributions during the years ended December 31, 2021 or 2020.  The Company also contributes to various defined contribution retirement plans for foreign employees.  Contributions for foreign employees increased for the year ended December 31, 2021 because employer contributions to Chinese government sponsored retirement programs were suspended during 2020 due to the COVID-19 pandemic and because contributions for Smarteq employees commenced in 2021.

The Company’s contributions to retirement plans were as follows:

 

 

Years ended December 31,

 

 

 

2021

 

 

2020

 

PCTEL, Inc. 401(k) profit sharing plan - US employees

 

$

725

 

 

$

729

 

Defined contribution plans - China foreign employees

 

 

303

 

 

 

43

 

Defined contribution plans - Sweden foreign employees

 

 

101

 

 

 

0

 

Defined contribution plans - Other foreign employees

 

 

27

 

 

 

28

 

Total

 

$

1,156

 

 

$

800